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3-bed · 1,289 sqftMira 2, Reem Mira · completed 2016

TH117, Mira 2

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH117 · DLD and Ejari recordsUpdated 8 March 2024
Last soldAED 700K29 May 2023
Current rentAED 170K /yr8 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH117, Mira 2

What is TH117 worth today?

Last sold for AED 700,000 in 2023

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8 Mar 2024RentedRenewal
AED 170,000/yr12 months · AED 66 per sqft
29 May 2023SoldReady
AED 700,000AED 543 per sqft
8 Mar 2023RentedNew contract
AED 170,000/yr12 months · AED 66 per sqft
1 Mar 2021RentedRenewal
AED 95,000/yr12 months · AED 37 per sqft
1 Mar 2020RentedNew contract
AED 95,000/yr12 months · AED 37 per sqft
10 Jan 2019RentedRenewal
AED 125,000/yr12 months · AED 48 per sqft
10 Jan 2017RentedNew contract
AED 130,000/yr12 months · AED 50 per sqft
9 Apr 2015SoldOff-plan
AED 1,453,888AED 564 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 March 2024.

Key facts

Type
3-bed villa
Size
1,289 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 700K · May 2023
Community
Mira 2

About TH117, Mira 2

TH117 is a three-bedroom villa of 1,289 sqft in Mira 2, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 29 May 2023 for AED 700,000, or AED 543 per sqft, 39% below the AED 886 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 8 March 2024, is AED 170,000 a year: a gross yield of 24.3% on the 2023 price.

Sales and rents for TH117 over time

Sales
Villa TH117, each saleTypical three-bed in Mira 2
2M2013201720212025Typical sale price by year: 2013 AED 1,360,888; 2014 AED 1,569,821; 2015 AED 1,533,888; 2016 AED 1,800,000; 2017 AED 1,882,444; 2018 AED 1,800,000; 2019 AED 1,850,000; 2020 AED 1,280,000; 2021 AED 1,862,500; 2022 AED 2,100,000; 2023 AED 2,287,500; 2024 AED 2,875,000; 2025 AED 3,162,500Sold by developer, December 2013: AED 1,453,888 (AED 564 per sqft)Sold, April 2015: AED 1,453,888 (AED 564 per sqft)Sold, May 2023: AED 700,000 (AED 543 per sqft)

TH117 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH117, each contractTypical three-bed in Mira 2
100K150K2016201920222025Typical rent by year: 2016 AED 135,000; 2017 AED 135,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 143,825; 2025 AED 155,000; 2026 AED 157,500New contract, January 2017: AED 130,000 a yearRenewal, January 2019: AED 125,000 a yearNew contract, March 2020: AED 95,000 a yearRenewal, March 2021: AED 95,000 a yearNew contract, March 2023: AED 170,000 a yearRenewal, March 2024: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Mira 2, and where TH117 sits

All 204 3-beds →

TH117 last sold in May 2023 at AED 543 per sqft, 39% below what three-beds in Mira 2 were fetching at the time (AED 886). Over the last 12 months three-beds sold for AED 3,000,000 to 3,285,000, around AED 1,385 per sqft, and rent for AED 100,000 to 199,407 a year. TH117's AED 170,000 is in the upper half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Feb 20263,000,000
16 Jan 20263,285,000
11 Nov 20253,210,000
4 Nov 20253,050,000
2 3-bed sales in the last 12 months

Mira 2

Community

334 villas, 3-bed to 4-bed in Reem Mira, completed in 2016 by Al Aryam Phase One. 2 sold in the last 12 months.

Typical price per sqft
AED 1,385
Typical sale
AED 3.14M
Typical rent
AED 159K /yr
Typical yield
5.0%
Mira 2, Reem Mira: prices, sales and rents →

TH117, Mira 2 in numbers

  • Sold 3 times: first on 19 December 2013 for AED 1,453,888, last on 29 May 2023 for AED 700,000 (AED 543 per sqft).
  • Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 95,000 in 2021 and recovered to AED 170,000 by March 2024.
  • At AED 170,000 a year the gross yield on the 2023 price is 24.3%.
  • Three-beds in Mira 2 sold for AED 3,000,000–3,285,000 in the 12 months to November 2026; the community's median across all types is AED 1,385 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 March 2024.

Questions about TH117, Mira 2

What did villa TH117 last sell for?

AED 700,000 on 29 May 2023: AED 543 per sqft for 1,289 sqft. The villa has 3 registered sales; the first was AED 1,453,888 in December 2013.

What is the rent for villa TH117?

AED 170,000 a year on the contract renewed on 8 March 2024. The previous contract, from March 2023, was AED 170,000; the villa has been rented since January 2017.

How big is villa TH117?

1,289 sqft (119.8 sqm): a three-bedroom villa in Mira 2, completed in 2016.

What is villa TH117 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mira 2 sold for AED 3,000,000 to 3,285,000 in the last 12 months, around AED 1,385 per sqft.

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Mortgage on TH117, Mira 2

Starts from the last sale price (AED 700K, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →